NOT LISTED FOR SALE

2620 East Way Unit 10 West Palm Beach, FL 33404

-- Bed
-- Bath
2,624 Sq Ft
8,050 Sq Ft Lot

Last Sold April 30, 2024

Last sale price $1,150,000 $438 Per Sq Ft

256 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Patio
  • Wall Furnace
  • William T. Dwyer High School Rated A-
  • Tile Flooring

About This Home

As of April 2024

Six-unit apartment building. One 2 bed-2 bath. 3 efficiency units. 2 hotel room units. Steps to downtown Singer Island and south Florida beautiful beaches. Enjoy snorkeling and watersports. Walk to Sailfish Marina. Perfect for updating and AIRBNB. Tenants are on month to month. Rents are well BELOW current market. Do not walk property.

Last Agent to Sell the Property

James Ayala

Luxury Home Listing License #3181661 Listed on: 08/14/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,144

Year Built

  • Built in 1958

Lot Details

  • 8,050 Sq Ft Lot
  • Sprinkler System

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,624 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Terrazzo

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 56434227040004960

Community Details

Overview

  • 4 Units
  • Palm Beach Shores Subdivision

Building Details

  • Operating Expense $36,000
  • Net Operating Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,144

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: East on Blue Heron Blvd. Go over the intracoastal bridge. Property is on left side.
  • Year Built: 1958
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Terrazzo, Tile
  • Living Area: 2624.0

Exterior Features

  • Exterior Features: Patio
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 56434227040004960
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 8050.0
  • Zoning Description: OP(cit
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 45600.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 36000.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10144.0

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $1,150,000 0.0% $438 / Sq Ft
11/29/2023 11/29/23 Off Market $1,150,000 -- --
10/05/2023 10/05/23 Price Changed $1,275,000 -25.0% $486 / Sq Ft
08/18/2023 08/18/23 For Sale $1,700,000 -- $648 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    James Ayala

    Luxury Home Listing

    (305) 972-3992

    1 in this area

    18 Total Sales

    James Ayala
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10911585

BeachesMLS
Florida Palm Beach County West Palm Beach 33404

2620 East Way Unit 10, West Palm Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes